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Jair Bolsonaro left the Ministry of Economy in an uproar by subjecting Petrobras to a process of peace-keeping. Joaquim Silva e Luna is the new Pazuello. It is feared that the captain wants to reproduce the management model of the Ministry of Health in the state company, based on the methodology “one commands, the other obeys.”
General Silva e Luna takes charge of Petrobras and the fuel price policy amidst a hemorrhagic choreography. The company lost R $ 28 billion in market value this Friday alone. It will continue to bleed in the trading session on Monday.
Half of Paulo Guedes’ team is nervous because the minister says he is keeping the president in check, but he knows he is lying and can leave the government at any time.
The other half of the Economy team is nervous because Paulo Guedes says that Bolsonaro is under control, and values that the minister really believes in the botch, ruling out the possibility of withdrawing from Brasilia.
Paulo Guedes is nervous because he does not know if he says he has a ‘Plan B’ that he has not done yet, if he does ‘Plan B’ and does not say, or if it is called the change truck.
Petrobras depends on the organization chart of the Ministry of Mines and Energy, headed by Admiral Bento Albuquerque. In practice, however, it was Guedes who gave the cards. Away from the command of the state company, Roberto Castello Branco is a friend of Guedes.
The national accounts, as is known, are in disarray. If honored by Bolsonaro, Guedes would have great difficulty getting his house in order. Kept by the president in a game of cat and mouse, he may lose his temper.
Bolsonaro is only expected to be a reelection populism of the kind that subordinates the financial health of the country’s largest state-owned company to the moods of truckers. The great national question is the following: at what temperature does Dr. Paulo Guedes boil?
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